The Trump Effect
Since last Tuesday the President Elect has had a large impact on the US markets and other markets across the world. Trump was elected the 45th president of the United States on Tuesday and in his victory speech at the New York Hilton promised to focus on economic growth when he is sworn in next... The post The Trump Effect appeared first on SAT Worldwide.
What impact will President Trump have on the Exchange Rates?
Donald Trump is the new President-elect of the United States who will govern alongside a Republican majority in congress. The news came as something of a shock to foreign exchange markets which had been pricing an Hillary Clinton victory. The uncertainty triggered a massive sell-off in global stock markets, commodities, the Dollar and commodity Dollars in what looked... The post What impact will P...
What impact the US Election will have on the Currency Markets
Most economists, investors, and strategists believe that a win for Hillary Clinton will be positive for the US Dollar whilst a win for Donald Trump will be negative for the US Dollar. How much the currency will move? A victory for the experienced Democrat politician is expected to prompt a dollar rally. Since she was cleared by... The post What impact the US Election will have on the Currency Mark...
The Truth About the Pound
October 27, 2016 – If you think the pound is going steady, read this. Over the next six months we are expected to see some of the biggest Sterling price swings. Although you don’t see much movement within the pound we are still seeing signs of the affected Brexit move. The pound is the worst-performing... The post The Truth About the Pound appeared first on SAT Worldwide.
Currency News: UK daily news and forecasts
Pound (GBP) Undermined by Prime Minister’s Brexit Comments Sterling slipped slightly last week, as Britain’s slew of optimistic PMI figures was not enough to give the British currency a firm footing. Instead, the Pound dropped on concerns that the UK government lacked a concise Brexit negotiations strategy or team. Brexit concerns only worsened over the... The post Currency News: UK daily news and...
Italy and Austria Election Outcome
December 7th, 2016 – Europeans rode an emotional roller coaster on Sunday. Up, then down. The resignation of Italy’s Prime Minister Matteo Renzi in the early hours of Monday signalled what so many had feared, that his referendum on political reforms inside Italy would reverberate across all of Europe . What is the political impact... The post Italy and Austria Election Outcome appeared first on SA...
Italy and Austria elections keeping Europe on edge
December 1st, 2016 – If the Dec. 4 referendum in Italy is rejected, it has the potential to send the country’s bank shares tumbling, push bond yields up and further weakening the Euro. The referendum is “setting the tone for 2017” on the political and investment climate in Italy and across Europe. The day’s Eurozone... The post Italy and Austria elections keeping Europe on edge appeared first on S...
The Autumn Statement 2016
– 24th November 2016 Philip Hammond described this statement, as a plan to ensure the UK economy is “match-fit”. Following the Chancellor’s delivery of the Autumn Statement, fierce debate broke out on social media over whether Brexit is to blame for the UK’s “sober” economic outlook. According to the Office for Budget Responsibility, the national debt is... The post The Autumn Statement 2016 appe...